Trade Setup for August 5: Top 15 things to know before the opening bell
As long as the Nifty 50 remains below Monday’s high of 24,744, the consolidation phase is likely to continue, with immediate support placed in the 24,500-24,400 zone. However, the index needs to reclaim and sustain above the 24,744 hurdle to trigger a sharp upmove toward the 25,000-25,150 zone.
